Tuesday, February 23, 2021

#UK: Britain To Apply For Membership In Trans-Pacific Partnership Trading Bloc

[world politics news]

The UK will shortly submit its formal request to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trading bloc, said UK Trade Secretary Liz Truss.

The CPTPP is a trading bloc established in 2018 between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

The United States withdrew from the TPP in 2017, leading to the failure of the original trade deal, which required all signatories to agree. It was reconstituted in December, 2018 with the current members.


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